RHR 391: LEDGER LEAKS AGAIN WITH @ODELL AND @Marty Bent
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stay humble, stack sats/scudos.
Bitcoin does essentially stop wars. How will they pay for the war if they can’t print or tax? With what resources will country A steal country B’s multisig coins if country A can’t print, tax, or claim war booty? How will country B even have coins to steal if they also aren’t able to print, tax, or claim war booty?
If you want to split hairs and say it doesn’t stop *every single act of aggression* or they that can still print or tax a little bit, fine.
of course governments will still be able to tax their cattle under a bitcoin standard
Tax what? To what extent? Their Bitcoin income, how? Same principle as war: what resources will they use to surveil and steal from cattle? If they go after other asset classes that are easier to tax (equities and real estate) then that forces capital to flee to Bitcoin, which is more tax resistant, thereby further reducing their revenue…that they would use to surveill and steal. It’s a doom loop. IMO the last and eternal tax will be real estate because you can’t move or hide it, but it will be insignificant relative to today and insufficient for funding wars.
they will collect taxes by threatening people with guns and jail
same way they have always collected taxes
sad but true
And I’m saying that business model won’t be profitable anymore because Bitcoin kills it.
Marty: Water is wet
Matt: Wanna bet on it
Put a piece of paper in water. Does it get wet?
Degens😄
What's the over under on water being wet?
Lol water is not wet
Just melt dry ice 😂😂😂
Not at minus 200 degrees.
Interesting, what I hear is more like:
Marty: Water was created by the CIA to turn conservatives infertile.
Matt: wanna bet on it.
i love that you are gay or insane
Agree. It's like catching up with your buddies from high school weekly
🎯
Ledger leaks a ongoing recurrence
Favorite RHR Trojan Horse NGU Tech from 2025 - @ODELL new CO2 Meter 🔥
With a 420 ppm global floor for solo-sailer Sally sailing the seven seas sipping Salt of the Earth, to a ceiling of 2000 ppm plus for the increasingly angry, agitated, airplane passengers stuck in a thunderstorm delay, wishing that stanky shitCoiner next to them used @SoapMiner piney scent - the ppm floor is NGU Freaks - be wary, stay vigilant.
Anger is coming! 😡#PhysicsDoesntCare
Oh yea it’s thursday.
Legends 🔥🔥🫡
stay humble stack scudos
Fun fact: Scudo in Italian means Shield
I’m sad I wasn’t around to compel Marty to say thoughpah thighcal again this week. I’m big sad.
Zap
Zap
@Jeff that zap 😮
thanks for the shoutout. i love a coffee rip but totally missed this live 😔